18 Nov 2018
DiamondWorld Directory
Home |
News
Home
September HK Jewellery & Gem Fair ends with no disappointment
Exhibitors had participated with modest optimism amidst market uncertainty
By: Diamond World News Service
|
Sep 27 2011 11:23AM
|
Reference: 6352  

DecreaseIncrease
The September Hong Kong Jewellery & Gem Fair has not churned very encouraging sales for exhibitors, yet nevertheless, the exhibitors are not complaining. The awareness of the rising prices of gold and diamonds, the uncertain US and European economies and a possibility of low sales, have the exhibitors’ much satisfied. Local big jewellery players like Peter Lam, Aarun Shun were happy with the overall response and were unperturbed by market slowdown.

There were almost 50,000 visitors attending the show, including new buyers from Brazil, Turkey,etc. There was a large number of Asian buyers. With the U.S. and European demand being affected largely due to market uncertainty, exhibitors believed the Asian markets are to be the major consuming centres of the world, as such, making participation at the show important for them, even if only for networking.

Overall, ‘show was 30 percent lower over last year. There was a mixed response from the jewellery exhibitors, but the sales were satisfactory. The economic crunch was reflected in the fact that buyers preferred to stay away from fancy diamonds, and consider price over quality in their buying decisions. But exhibitors feel this to be a temporary phase.

The uncertain conditions of the European and American economy, the market crash had a negative impact on purchasing, which led to currency fluctuations and added difficulty for buyers. The US Dollar strengthened by almost 10percent, in 10 days against Indian Rupee which brought resistance from Indian buyers at the show, (who were significant contributors to diamond purchase at the show).

Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
Sort by: 
 Newest 
 | 
 | 
 | 
 Agree 
 | 
Mr. Ali Yacoubou
(cotonou)
Dear Sir/Madam, With due respect and honour, i sociologically use this medium to introduce my self. My names are Mr.Ali Yacoubou a Ghanian based in Benin Republic, further introduction will be made on our next mail I have 632 KG Gold dust and gold nuggets and Diamonds USD$:600 MILLION inheritance. I need your sincere partnership commitment, to assist and invest in this transaction. Further details about this transaction would be discussed upon your reply to this partnership offer, both percentage and otherwise after reaching partnership investment agreement. To reach me call on this number:+229-94-799290 Thanks Sincerely, Mr. Ali Yacoubou
nokiamobile
(Kolkata)
Keep up the good work. Best of luck. From www.rightshopping.in/g/itb.asp?C=Nokia-Mobile-Phones&b=Nokia&cid=1
Arpita Das
(New York)
Celebrations and events bring you the opportunity not just to discover the meaning of relations in your life. In fact, it gives you the opportunity to accessorize the relations as well. And the ever charming appeal in its gift stuffs that www.hampersnationwide.com/USA/Gift_Hampers_to_USA.asp keeps delivering for your close acquaintances is just the right move that your celebration deserves.
Hampers Nationwide
(Berlin)
The visit was useful. Content was really very informative. From www.hampersnationwide.com/Germany/Send_Gifts_to_Germany.asp
Jerome Hainz
(Hong Kong)
"Overall, ‘show was 30 percent lower over last year" ... what exactly does that mean? 30pc lower than what?
Advertisement
M. Suresh234x60
Search News by City
Advertisement
Kosher 23460
Advertisement
HouseAd_Trade Fair
Recent Issue
2018
AVAILABLE NOW...!
Advertisement
Kosher 23460
News in Pictures
Videos
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
Spotted: Who Wore What (August 2018)
Pictures: 4
Spotted: Who Wore What (July 2018)
Pictures: 5
Spotted: Who Wore What (19th to 30th June 2018)
Pictures: 11
JCK Las Vegas 2018
Pictures: 42
Carat+ 2018
Pictures: 20
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 12239
GJEPC Chairman Interview
Views: 11329
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 17833
Promo for IJ Awards 2012 at NDTV Profit
Views: 29575
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 32560
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 9341
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 30932
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 29584
Advertisement
Kiran Gems
Advertisement
M.Tarun
Member of:
Supporter of: